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As of 2016-05-13, The Mist wallet is still a beta software and shall be used at your own risk. A bug can leave you with a broken wallet and a potential lost of your wallet content. |
Smart contract
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From Vitalik Buterin in ethereum blog: a smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in and assets are automatically redistributed among those parties according to a formula based on certain data that is not known at the time the contract is initiated. |
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The phrase and concept of smart contracts was developed by Nick Szabo with the goal of bringing what he calls the "highly evolved" practices of contract law and practice to the design of electronic commerce protocols between strangers on the Internet. Nick is a computer scientist known for his research in digital contracts and digital currency. Although Szabo has repeatedly denied it, people have speculated that he is the one behind Satoshi Nakamoto, the designer of Bitcoins.
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Fist papers by Nick Szabo on this topic are:
A contract is a collection of code (its functions) and data (its state) that resides at a specific address on the Ethereum blockchain. Contract accounts are able to pass messages between themselves as well as doing practically Turing complete computation.
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Smart contracts are written using the Solidity language. A contract in the sense of Solidity is a collection of code (its functions) and data (its state) that resides at a specific address on the Ethereum blockchain. You will find a collection of very basic smart contracts on fivedogit github. For an exhaustive list of smart contracts on the Ethereum network, please visit Etherchains website.
Smart contract code validation
On line tool on Etherscan.
Decentralized applications
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